Buy&Ship LLC
Buy&Ship LLC is located in Newark, DE, and the SBA lists its industry as Tobacco, Electronic Cigarette, and Other Smoking Supplies Retailers. It was approved for an SBA 7(a) loan of $563,000 for a change of ownership on April 20, 2026.
SBA 7(a) loan, change of ownership, approved Apr 20, 2026
- Gross approval
- $563,000
- SBA-guaranteed amount
- $422,250 (75% of the approval)
- Lender
- Fulton Bank, National Association, Lancaster, PA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- April 20, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $7,208 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 7, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 459991, Tobacco, Electronic Cigarette, and Other Smoking Supplies Retailers
- Project location
- New Castle County, DE
- SBA district office
- Delaware District Office
- Congressional district
- DE-00
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Tobacco, Electronic Cigarette, and Other Smoking Supplies Retailers: $802,562.
- Average acquisition loan in Delaware: $1,875,271.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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